R3’s Marco Polo Runs Largest Trade Finance Trial With Over 70 Members
R3’s trade finance network Marco Polo completes its largest trade finance trial involving more than 70 firms Go to Source Powered by WPeMatico
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Will India Change its Negative Cryptocurrency Stance Soon?
The cryptocurrency situation in India remains very difficult to assess. Most government officials want nothing to do with bitcoin, but can they avoid the inevitable? As far as Indian Parliament member Dr. Subramanian Swamy is concerned, embracing cryptocurrency is a must. India Might Push to Adopt Cryptocurrencies Soon He is one of the few people … Read more
Mainstream Investment Vehicles Tied to Cryptocurrencies Grow Exponentially
These days bitcoin and a variety of other digital assets are now being traded as funds and traditional equity holdings. The landscape of crypto investment vehicles has changed significantly as institutional and retail investors don’t need direct exposure to cryptocurrencies in order to invest in this technology. Also Read: Gocrypto SLP Token Starts Trading on … Read more
World’s 2nd-Largest Bank CCB Launches Blockchain Refactoring: Report
The world’s second-biggest bank, China Construction Bank, launches blockchain-based refactoring platform Go to Source Powered by WPeMatico
How to Plan for the Life You Want
Making enough money to care for you and the ones you love is tricky business, yet nearly everyone is at least trying for this near impossible goal. But as many as 2 out of every 3 Americans aren’t confident about their finances. 36% feel that their relationship with money is positive, 33% feel worried, and … Read more
Pomp Joins Figure’s Board as Firm Completes $103M Funding Round
Morgan Creek Digital’s co-founder Pomp joins Figure’s board as his company leads the $103 funding round Go to Source Powered by WPeMatico
Crypto-Focused Lender Blockfi Launches Trading Platform
Crypto financial services company Blockfi has launched a trading platform supporting three cryptocurrencies. The new offering adds to the company’s existing services: interest-bearing accounts and crypto-backed loans. Blockfi has completed registration with the U.S. Financial Crimes Enforcement Network and expanded its state licenses to cover both lending and money transmission. Also read: Bitcoin ATMs Installed … Read more
Germany Inches Closer to Nation-wide Negative Interest Rates
Financial trouble has been brewing across the Euro zone for some time. Germany is one of the first countries to force its negative interest rates upon regular consumers. Many people aren’t aware of how all European countries have dealt with negative interest rates for years. Negative Interest Rates are Problematic The ECB has been forcing … Read more
European Banks Struggle With Low Interest Rates and Strict Regulations
Banks in Europe have been in a difficult spot lately. A new report reveals that financial institutions across the region faced serious difficulties in the 2018 financial year, and despite all the cost cutting that followed, haven’t managed to compensate the revenue decline in 2019. Historically low interest rates, new regulatory hurdles and competition from … Read more
Swiss Licensed Crypto Bank Expanding Into 9 Markets
A fully operational crypto-focused bank based in Switzerland is expanding into nine other markets. With a banking and securities dealer license from the Swiss Financial Market Supervisory Authority, its services include crypto custody, trading, and asset management. The bank has launched its investment business including a cryptocurrency index. Also read: Swiss Crypto Bank SEBA Launches … Read more